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no one was particularly excited even the people who were in his camp when it comes to defense spending. >> i mean, the main reason for this nomination was to stick a finger in john mccain's eye. they have succeeded in that. >> do you really think that? >> i don't think it's between obama and hagel. >> not the only -- >> i hope it's not. >> you -- you've -- you're known to orbit around the white house from time to time. >> right. >> when the soup of the day is particularly tasty. i'm kidding. this is all out of love. glen -- >> potato cheddar. >> do you buy that line of argument from ben that this is sticking a finger in john mccain's eye, the hagel nomination, because we've been led to believe that there is a close saysness and a rep twar between the president and chuck hagel and that's why -- >> there are a lot of fingers being stuck in various eyes here. one of the other ones is apac, the fact that they got apac to sit on their hands on this nomination, and the israel, not the jewish lobby, hasn't really weighed in in a meaningful way on this is a big deal for the white house, but, y
no one was particularly excited even the people who were in his camp when it comes to defense spending. >> i mean, the main reason for this nomination was to stick a finger in john mccain's eye. they have succeeded in that. >> do you really think that? >> i don't think it's between obama and hagel. >> not the only -- >> i hope it's not. >> you -- you've -- you're known to orbit around the white house from time to time. >> right. >> when the soup...
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Feb 1, 2013
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president obama just announced that he would spend an extra $165 million syria. this makes america the biggest donor at about a third of a billion dollars. that's $15. it's not enough. as we've heard the humanitarian situation needs a lot more money the syrian opposition has asked for $62 billion. i don't know where it will end up, but clearly the humanitarian issue needs a lot more money. the question here tonight is can america saved syria? only the syrians can save syria. america cannot nation-building the middle east and shouldn't get in the middle of a sectarian and ethnic war. we tried to do that twice and we have spent over $100 trillion in iraq and afghanistan. we've tried to pick winners. we haven't been happy with them. we don't know how to do it. we can't pick ethnic winners either. in iraq we try to cash in on the sunnis that have been willing iraq and they've been put there by the british and through than the bottom of the society and we have raised up to 60% in the name of democracy. today we have another tyrannical rule forming. the sunnis are the
president obama just announced that he would spend an extra $165 million syria. this makes america the biggest donor at about a third of a billion dollars. that's $15. it's not enough. as we've heard the humanitarian situation needs a lot more money the syrian opposition has asked for $62 billion. i don't know where it will end up, but clearly the humanitarian issue needs a lot more money. the question here tonight is can america saved syria? only the syrians can save syria. america cannot...
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Feb 1, 2013
02/13
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were, quote, nation building here at home something that not just candidate obama but also candidate romney agreed about. we are looking at unprecedented cutses in spending on national security, we're looking at the process% of drawing down -- prospect of drawing down from afghanistan, we are looking at a lot of changes not just here in the united states, but in the world. and one of the questions that i know that we have is whether we are ready for those changes. i suspect that most of us believe we're not. tom, maybe you could just start us out a talk a little bit about the sequestration that paul ryan told us this weekend is, quote, going to happen. i'll l give you the mic. >> well, it's a prediction that at this point seems like a certainty. but i would argue has been a near certainty once the sequestration provision was written into the budget control act. so i'll talk a bit about sequestration per se, but i really regard it as symptom and not the disease it. itself. the disease itself is the erosion to the point of vanishing almost of the bipartisan political consensus for mili
were, quote, nation building here at home something that not just candidate obama but also candidate romney agreed about. we are looking at unprecedented cutses in spending on national security, we're looking at the process% of drawing down -- prospect of drawing down from afghanistan, we are looking at a lot of changes not just here in the united states, but in the world. and one of the questions that i know that we have is whether we are ready for those changes. i suspect that most of us...
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Feb 1, 2013
02/13
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over the last four years, especially when it comes to the money you're spending. going in and having a cold one at the super bowl party? the price for beer up 6.5% from four years ago. everybody loves chicken? for super bowl 43 chicken legs were 51 cents a pound. now it is 65. paying over 14% more. want a burger as you watch the big game, dig deeper. need cheddar on that burger, that's up 19%. $5.87 a pound. beef itself up 26% from 2009 to $3.08 a pound. talk about pain at the pump. if you need to fill up your car or your vehicle on the way to the super bowl bash, gas soared more than 56% since super bowl 43. the average price for a gallon of gas back then $1.93. now it's $3.42. >>gretchen: brian, i hope you went to the a.t.m. before you went off on your flight yesterday because it sounds like you're going to need a lot of cash to do all the partying that you plan on doing. >>brian: absolutely. i really don't want to work. i just am here to just have a good time. that is why my expense report is always like a circus. right behind me is the louisiana national guard
over the last four years, especially when it comes to the money you're spending. going in and having a cold one at the super bowl party? the price for beer up 6.5% from four years ago. everybody loves chicken? for super bowl 43 chicken legs were 51 cents a pound. now it is 65. paying over 14% more. want a burger as you watch the big game, dig deeper. need cheddar on that burger, that's up 19%. $5.87 a pound. beef itself up 26% from 2009 to $3.08 a pound. talk about pain at the pump. if you need...
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that averts a government default and puts off a clash over taxes and spending for a few months. president obama said he will sign that bill into law. >>> now to a consumer alert for parents about a big recall of children's cough and cold medicines. the makers of triaminic and theraflu warning, they're recalling 2 million packages of medicine. tamper resistant caps may be faulty posing risk of poisoning and the recall follows a dozen consumer complaints. >>> history of priest abuse allegations made public following a court order against the l.a. catholic archdiocese. 30,000 pages of files surrendered. none of the names of the leaders will be blacked out in the documents. the archdiocese agreed to release paperwork which includes personnel files of 89 priests accused of sexually abusing children. the files include the names of anyone involved in possible cover-ups. >> they knew very well. now nobody can say we don't believe you. >> this proves, this really happened. on this scale. it was that bad. and now -- these are their records. >> the church has three weeks to release the doc
that averts a government default and puts off a clash over taxes and spending for a few months. president obama said he will sign that bill into law. >>> now to a consumer alert for parents about a big recall of children's cough and cold medicines. the makers of triaminic and theraflu warning, they're recalling 2 million packages of medicine. tamper resistant caps may be faulty posing risk of poisoning and the recall follows a dozen consumer complaints. >>> history of priest...
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Feb 1, 2013
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but president obama's remarks three years ago are so true to this day. >> last week the supreme court reversed a century of law that i believe will open the floodgates for special interests, including foreign corporations, to spend without limit in our elections. >> to spend without limit in our elections. let's bring in msnbc political analyst and bloomberg view columnist jonathan alter. great to have you with us tonight. it's a new age of politics. it's all about the money. the democrats are in this game, but we know many of them, it turns their stomach to do it. is it a must? >> it is, unfortunately. it's a necessary evil. otherwise, you're fighting with one hand tied behind your back. now, the thing to understand is that taking back the house for the democrats is not likely to happen in 2014 because of the way these congressional districts have been drawn. >> isn't that amazing? that's just amazing to think about that. >> you have to take a state like pennsylvania, which is a blue state. went for obama both times. they have 13 republican congressmen and 6 democratic congressmen. t
but president obama's remarks three years ago are so true to this day. >> last week the supreme court reversed a century of law that i believe will open the floodgates for special interests, including foreign corporations, to spend without limit in our elections. >> to spend without limit in our elections. let's bring in msnbc political analyst and bloomberg view columnist jonathan alter. great to have you with us tonight. it's a new age of politics. it's all about the money. the...
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Feb 1, 2013
02/13
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to swallow spending cuts. it worked, but it is terribly damaging to the nation's economy and their political capital. with something like 90% in august of 2011 and they recognize this is a bad idea. thing is a pretty bad idea of a downgrade for the first time. they didn't want to do that again, but they didn't want to vote for a thicker national debt either. that doesn't care what their philosophy to pick them up with a strategy and in the meantime we want the senate to pass a budget for 2014 and the law says if either chamber fails a budget, paychecks will be docked. the whole idea is to postpone the economy default situation until the prosecutor at the continuing fight over taxes and then made to a point where both sides are satisfied in the debt limit can be raised again. >> how a template of a increasing the deficit in effect the economy and financial markets? >> where do you know the answer. it's sort of jan at the bill and i went to expect this. when initially proposed, some analysts say it's for uncerta
to swallow spending cuts. it worked, but it is terribly damaging to the nation's economy and their political capital. with something like 90% in august of 2011 and they recognize this is a bad idea. thing is a pretty bad idea of a downgrade for the first time. they didn't want to do that again, but they didn't want to vote for a thicker national debt either. that doesn't care what their philosophy to pick them up with a strategy and in the meantime we want the senate to pass a budget for 2014...
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Feb 1, 2013
02/13
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they tried in 2011 to use the debt limit as a lynch -- leverage point to force obama to swallow spending u cuts. it worked but -- [inaudible] to something like 9%. and they recognize that it was a bad idea. i mean, gambling with the credit of the united it turned out is a bad idea. we were downgraded for the first time in nation's history. they department want to do that again. like i said, i didn't want to vote for a bigger national debt either. that doesn't fit with their philosophy. they came up with the strategy of saying we're going us is fend. and in the meantime, they want the senate to pass a budget for 2014 and the law salses that -- says that if either chamber fails to adopt a budget by april 15, the paychecks will be docked. the idea of the thing is to postpone the sort of economy raddling default situation until they can prosecute the continuing fight over taxes and spending to a point where, you know, both are satisfied and the debt limit can be raised again. >> economy ragging hue will the temporary delay affect the economy and the financial markets? >> you already know the
they tried in 2011 to use the debt limit as a lynch -- leverage point to force obama to swallow spending u cuts. it worked but -- [inaudible] to something like 9%. and they recognize that it was a bad idea. i mean, gambling with the credit of the united it turned out is a bad idea. we were downgraded for the first time in nation's history. they department want to do that again. like i said, i didn't want to vote for a bigger national debt either. that doesn't fit with their philosophy. they...
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Jan 31, 2013
01/13
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but you know the seed0s the last quarter's gdp were sow n in the summer of 2012 when president obama put politics ahead of our national security or any economic growth. its its ridiculous. >> that's the most important word, growth. when the economy opportunity grow you have no way of digging yourself out of the ditch. the 16-1/2 trillion ditch. here's my point. if the government stops pending, if the economy is so weak that when the government does stop spending, it goes into a neglect testify growth or recessioner in period, that's not the sign of a healthy economy? >> if agree with you. but keep in mine what i'm homing now, eric, we city a little stability, at least until 2014 elections. we know that people over 200,000 a year are going to pay 4-1/2% more in tax. we know there's certain stability. let's hope we wet through the debt ceiling crisis, and then you'll see the private sector invest. if there's one thing this president is going to be known for, he is all over the social issues, guns and gay marriage and healthcare but has done nothing to help this economy. and when you lo
but you know the seed0s the last quarter's gdp were sow n in the summer of 2012 when president obama put politics ahead of our national security or any economic growth. its its ridiculous. >> that's the most important word, growth. when the economy opportunity grow you have no way of digging yourself out of the ditch. the 16-1/2 trillion ditch. here's my point. if the government stops pending, if the economy is so weak that when the government does stop spending, it goes into a neglect...
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Jan 31, 2013
01/13
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president obama is allowing his jobs council to expire. the 2-year-old council including business and labor leaders. ge's jeff immelt chaired it and met with the president four times. the last time more than a year ago. the white house cites visa processing retrofitting government buildings with energy efficient technology and fast track review for infrastructure. the republicans claim the president ignored the group's recommendation, treating it as a nuisance than a vehicle that spurred job creation. back to you. ashley: now it no longer exists. rich edson, thank you so much. appreciate it. tracy: they will need a job. coming up one beer combination leaving regulators with a skunky aftertaste. ashley: yuk. plus is the eurozone destinned to self-destruction? heritage foundation's nile gardiner weighs in ahead. why he says america needs to pay very close tanks. first as we do now every day let's take a look how oil is trading. it was, seemed like it was going to hit the 100 dollar level. down half a percent on the day at 97.43. this is $100
president obama is allowing his jobs council to expire. the 2-year-old council including business and labor leaders. ge's jeff immelt chaired it and met with the president four times. the last time more than a year ago. the white house cites visa processing retrofitting government buildings with energy efficient technology and fast track review for infrastructure. the republicans claim the president ignored the group's recommendation, treating it as a nuisance than a vehicle that spurred job...
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Jan 31, 2013
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they don't really want to talk about a contraction on president obama's watch. republicans aren't really comfortable with the idea that austerity -- that these big huge defense cuts and government spending cuts that we've seen can have a drag affect on the gdp going into the see sequester debate. both sides are uncomfortable with this number, and that's why we probably won't see it discussed for more than a news cycle or two. then we'll move on. >> affect show it's a kabarb. >> this is the very last time anybody will talk about this number in washington right here. >> we're making history. >> right. >> rona, the, sequestration debate, armageddon, whatever you want to call it, has been tossed around in a variety of different fashions, especially on the right because initially it was seen -- we cannot do this. defense cuts disproportionately hurt the gop, and, yet, now there is sort of maybe the sense that they will let sec west rags go ahead. mr. boehner says he has significant republican support, including gop defense hawks, on the side of letting the gop work.
they don't really want to talk about a contraction on president obama's watch. republicans aren't really comfortable with the idea that austerity -- that these big huge defense cuts and government spending cuts that we've seen can have a drag affect on the gdp going into the see sequester debate. both sides are uncomfortable with this number, and that's why we probably won't see it discussed for more than a news cycle or two. then we'll move on. >> affect show it's a kabarb. >> this...
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Jan 31, 2013
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when are we going to have any new spending cuts? this would at least start in a modest way reasonable spending cuts. thank you, madam president. the presiding officer: would the senator call up his motion. mr. vitter: yes, madam president. i call up the motion to commit. the presiding officer: the clerk will report. the clerk: the senator from louisiana, mr. vitter, moves to commit the bill, h.r. 325, to the -- mr. vitter: madam president, i ask to waive reading of the whole. the presiding officer: without objection. mr. baucus: madam president? the presiding officer: the senator from montana. mr. baucus: madam president, we've -- we've essentially already voted on this. this is very similar to the portman amendment which lost by a vote of 54-44. this approach was rejected by the house of representatives when the speaker sent over his debt increase to us which gives us breathing room. we tried this approach suggested by the senator in august of 2011. it didn't work. this moves us backward, not forward. and i think we should give pra
when are we going to have any new spending cuts? this would at least start in a modest way reasonable spending cuts. thank you, madam president. the presiding officer: would the senator call up his motion. mr. vitter: yes, madam president. i call up the motion to commit. the presiding officer: the clerk will report. the clerk: the senator from louisiana, mr. vitter, moves to commit the bill, h.r. 325, to the -- mr. vitter: madam president, i ask to waive reading of the whole. the presiding...
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Jan 31, 2013
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it's in the journal, which is that part of obama care allows caps on precipitation drug spending, and some unions, apparently, are just realizing this. and they're pushing back on the administration to make sure they don't have these caps, because they're saying, that's going to drive up our medical costs, our health care costs, more than we thought, which means, we're going to be less competitive in the marketplace. so according to the journal, the unions are pushing back on the obama administration about this cap. and they're asking for federal subsidies on top of their work insurance. >> all right. and let's talk about facebook now. they've just had a brutal year. but some pretty good news in the fourth quarter. >> hey, the stock is up 70%, 7-0, since september, joe. mobile ad revenue is up. that's what everyone wants to see. 70% the stock is up since september. mobile ad revenue up 23%, which is accelerating. look around the table, okay. mika with her iphone, iphone -- >> soon to be samsung. >> barnicle, you've got an abacus, i've got an iphone, but there's two laptops. that's the
it's in the journal, which is that part of obama care allows caps on precipitation drug spending, and some unions, apparently, are just realizing this. and they're pushing back on the administration to make sure they don't have these caps, because they're saying, that's going to drive up our medical costs, our health care costs, more than we thought, which means, we're going to be less competitive in the marketplace. so according to the journal, the unions are pushing back on the obama...
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Jan 30, 2013
01/13
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medicaid part b, it is now obama's spending -- all right. oh, look, it is future husband stack. [ ♪ "world news tonight" ♪ ] i need someone that cares about me. >> well apparently you have -- >> stephanie: i'm gesturing at jim. he doesn't know because he doesn't pay attention to me. >> because i'm trying to read e-mail. >> during the show? >> stephanie: i'm talking. reading while i'm talking. you're not paying attention are you? >> why do you need a future husband if you got a new little thing going on? >> stephanie: listen! >> you spilled the beans. >> it is you and mrs. jones, right? you got a thing going on? >> stephanie: travis was there saturday. it's not important. okay. >> okay then. >> stephanie: this is -- brian wendler, please and thank you. sixth arrest for dui. at the time of his arrest, he was wearing a shirt that read been drinking, free breathalyzer test with an arrow pointed at his mouth. >> he got that crazy shirt at the mall. >> stephanie: good thing the cop didn't find that all that funny. >> that's the kind of shirt y
medicaid part b, it is now obama's spending -- all right. oh, look, it is future husband stack. [ ♪ "world news tonight" ♪ ] i need someone that cares about me. >> well apparently you have -- >> stephanie: i'm gesturing at jim. he doesn't know because he doesn't pay attention to me. >> because i'm trying to read e-mail. >> during the show? >> stephanie: i'm talking. reading while i'm talking. you're not paying attention are you? >> why do you...
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Jan 30, 2013
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mcconnell: a few weeks ago president obama reported that -- a few weeks ago president obama reportedly said that america doesn't have a spending problem. this is completely at odds with what independent experts tell us and what is perfectly apparent to anybody who is alert. and last week i brought this chart behind me to the floor to illustrate the point. as everyone knows, we're running trillion-dollar annual deficits. what this chart shows is the gap between government spending and revenue just keeps getting wider and wider and wider. so let's take a look at it. the occupant of the chair is relatively new to the senate, but not new to the facts. the green area here represents both historic and projected tax revenue. the blue area here, the dark blue area, as you can see, really kind of flat line flatlit here to 2014, is the new revenue that the president got at the end of the new year as a result of the law. the tax rates sunsetted, expired at midnight on new year's eve. the congress then wisely continued the current tax rates for 99% of americans, made those rates permanent so you w
mcconnell: a few weeks ago president obama reported that -- a few weeks ago president obama reportedly said that america doesn't have a spending problem. this is completely at odds with what independent experts tell us and what is perfectly apparent to anybody who is alert. and last week i brought this chart behind me to the floor to illustrate the point. as everyone knows, we're running trillion-dollar annual deficits. what this chart shows is the gap between government spending and revenue...
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Jan 29, 2013
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that's over twice as much as we were spending in 2003. we know president obama has deported record numbers of folks. so how much tougher can we get on the border? we've seen immigration rates decrease. you know, instead of working harder just throwing more money at the issue, what the president is focusing on is let's be smarter about it. let's focus on the technology to track illegal immigrants who are already here. let's think about using technology on the border. so the president can make a very strong case. i'm not too worried about that. i think that's the republican senators trying to look tough for their own party. >> now, richard, let me share this with you. that kind of struck me. a conservative latino group released a memo with some advice to republicans on how to talk about the issue. and in it they admonished them don't use phrases like this. don't use send them all back. elect fence. anchor baby. illegals. reagan. because he gave citizenship to immigrants back in the 1980s. i mean, it's almost like we know you guys aren't rea
that's over twice as much as we were spending in 2003. we know president obama has deported record numbers of folks. so how much tougher can we get on the border? we've seen immigration rates decrease. you know, instead of working harder just throwing more money at the issue, what the president is focusing on is let's be smarter about it. let's focus on the technology to track illegal immigrants who are already here. let's think about using technology on the border. so the president can make a...
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Jan 29, 2013
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the gang of eight bill will be the main vehicle with president obama's backing. if you need an example of why republicans need to get on this issue, nevada started the 2012 election as a swing state. by the end of it neither party was spending money there because the hispanic community was so aligned with the democratic candidate that mitt romney couldn't compete. it went the way of new mexico in 2008, and i think republicans recognized that this is a first step. simply signing on to immigration reform doesn't mean they're going to win 70% of the hispanic vote, but they need to get this issue behind them because electorally speaking they would struggle for a decade or two decades if they don't. sxwro we've seen a mood swing. republicans know they have to get right on this, and this is why you're seeing this coalition come together so quickly. there's support for it. there's a new cbs news poll that shows that a majority, 51%, believe in a path to sit sfwlenship. there's only 24% that say the undocumented immigrant should get out. >> that will be one of the final
the gang of eight bill will be the main vehicle with president obama's backing. if you need an example of why republicans need to get on this issue, nevada started the 2012 election as a swing state. by the end of it neither party was spending money there because the hispanic community was so aligned with the democratic candidate that mitt romney couldn't compete. it went the way of new mexico in 2008, and i think republicans recognized that this is a first step. simply signing on to...
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Jan 29, 2013
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we are looking at unprecedented cuts in spending on national security. we are looking at the prospect of drawing down and, drawing down from afghanistan. we are looking at a lot of changes. not just here in the united states but in the world. one of the questions i know that we have is whether we are ready for those changes. i suspect that most of us believe we are not. tom, maybe you could start out and talk a bit about the sequestration that paul ryan told us this weekend is quote going to happen. i'll give you the mic. >> well, it's a prediction that at this point seems like a certainty, but i would argue it's near certainty. once the sequestration provision was written into the budget. sal talk a bit about sequestration per se, but i really regarded as a symptom and not the disease itself. the disease itself is the erosion of the point of vanishing almost of the bipartisan political consensus for military strength, for key strength, people used to see. and that's really something that over the course of my career has been a touchdown that people coul
we are looking at unprecedented cuts in spending on national security. we are looking at the prospect of drawing down and, drawing down from afghanistan. we are looking at a lot of changes. not just here in the united states but in the world. one of the questions i know that we have is whether we are ready for those changes. i suspect that most of us believe we are not. tom, maybe you could start out and talk a bit about the sequestration that paul ryan told us this weekend is quote going to...
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Jan 29, 2013
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she said i just can't spend my life going on tv and being angry all the time. >> but that's what she does. >> stephanie: [ inaudible ] told babe buchanan that the republican campaign was just a hot mess. and she responded this is just a bump in the road. >> not disparaging realtors by any means. >> stephanie: no! no! >> [ inaudible ] we don't like them. >> stephanie: no. seventeen minutes after the hour. if i paid at attention during our go to meeting yesterday, i would know we are supposed to talk about our go to meeting now. >> yes. >> stephanie: and that's why we use go to meeting when we can't be in the same room together. and did you want to be in the same room together yesterday? >> no, hell no. >> stephanie: people call in sick. >> oh, yeah. >> stephanie: that's why you need go to meeting by citrix. the fastest way to meet with coworkers no matter where you are or how you are feeling. collaborating on documents in real time while seeing each other in hd video. you can join anywhere even present -- [♪ magic wand ♪] >> stephanie: from your ipad. >> wow. >> stephanie: i love
she said i just can't spend my life going on tv and being angry all the time. >> but that's what she does. >> stephanie: [ inaudible ] told babe buchanan that the republican campaign was just a hot mess. and she responded this is just a bump in the road. >> not disparaging realtors by any means. >> stephanie: no! no! >> [ inaudible ] we don't like them. >> stephanie: no. seventeen minutes after the hour. if i paid at attention during our go to meeting...
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Jan 29, 2013
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state department after said abedini finds out he will spend the next eight years of his life in iran's most brutal prison for the crime of evan gellization. he is a christian. the white house is now saying that the obama administration has been actively helping the pastor's family. here is jay carney. >> we condemn iran's continued violation of the universal right of freedom of religion and we call on the iranian authorities to release mr. abedini. as you know the state department is in close contact with the abedini family. is actively engaged on this case. martha: interesting. that is not what we've heard when we've spoken with the family but the pastor's wife says the statent do, as i said is really not doing everything they can. she said every day counts. he is being tortured. they could do so much more. i have been so heart-broken. as low we're letting the iranian government lead with their interpretation what he has done wrong instead of protecting our american ideals. at the very least secretary clinton should publicly call for the unequivocal release of saeed abedini. in her op
state department after said abedini finds out he will spend the next eight years of his life in iran's most brutal prison for the crime of evan gellization. he is a christian. the white house is now saying that the obama administration has been actively helping the pastor's family. here is jay carney. >> we condemn iran's continued violation of the universal right of freedom of religion and we call on the iranian authorities to release mr. abedini. as you know the state department is in...
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Jan 29, 2013
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president obama said he will indeed sign the bill. >>> the president is also asking three communities affected by mass shootings to help convince congress to pass some new gun corol legislation. the president and members of his cabinet met month with police chiefs in aurora, colorado, oak creek, wisconsin and newtown, connecticut. the president said that no group is more important than law enforcement when it comes to the gun control phase. >>> time right now is 6:05. i'm watching your money. wall street will be watching at the federal reserve begins a two-day meeting here in d.c. at the fed's previous meeting, policymakers promised to keep interest rates near record lows till the unemployment rate falls below 6.5%. it's currently at 7.8%. unfriday the government is scheduled to release the january unemployment report. >>> yahoo reported profits and sales which beat wall street estimates. this is the first quarter under the c.e.o. marissa mayer who left google to join yahoo. >>> and hostess is expected to announce a bidder for drakes snack cakes. the company is expected to pay up to $
president obama said he will indeed sign the bill. >>> the president is also asking three communities affected by mass shootings to help convince congress to pass some new gun corol legislation. the president and members of his cabinet met month with police chiefs in aurora, colorado, oak creek, wisconsin and newtown, connecticut. the president said that no group is more important than law enforcement when it comes to the gun control phase. >>> time right now is 6:05. i'm...
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Jan 29, 2013
01/13
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so you want to get reimbursed for spending a lot of money to develop them. but then again, we all have this problem with keeping health care costs down and obama care wants generic competition for biologics. what's the right road to take there? >> you know, joe, we've been in this industry for over 135 years. for us, we've taken a focus and we pursue both small molecule as well as bioological routes to address some of the most oppressing diseases out there. if you take alzheimer's, we have the biologic but we have a base inhibitor in phase two -- >> would you pay a lobbyist, would you get lobbyists for eli lilly to try to make it that you don't have to have generic competition for biologics, is that something eli lilly would do, or do you go along with it? >> well, remember, in the affordable care act we did get an extension in terms of data protection, as we should be, to at least 12 years. we believe that's very important for us to have a reasonable period to generate return on investment that we make in r&d. we still are the industry that invests the most
so you want to get reimbursed for spending a lot of money to develop them. but then again, we all have this problem with keeping health care costs down and obama care wants generic competition for biologics. what's the right road to take there? >> you know, joe, we've been in this industry for over 135 years. for us, we've taken a focus and we pursue both small molecule as well as bioological routes to address some of the most oppressing diseases out there. if you take alzheimer's, we...
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Jan 28, 2013
01/13
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spending was the reason that congress and president obama raised the debt ceiling by $2.1 trillion just a year and a half ago. now, in 2006, the junior senator from illinois, senator obama, came to the floor, made a very passionate and thoughtful statement here on the senate floor in opposition to raising the debt limit. many of the reasons that he gave then are relevant today. in fact, they are even more appropriate because the national debt is much, much higher. and we have a fiscal mess. it's instructive for my colleagues to hear the words straight from then-senator obama. he delivered these remarks on march 16, 2006. at that time the senate was debating raising the debt limit by $781 billion to a new limit then that seems very small today, about half what it is today, raising the limit of 2006 to $8.9 trillion. so i thought it would be worth for the president's benefit as well as our benefit to go over what then-senator, now-president obama had to say, and so i'm going to quote partially from his speech. and this is from 2006, dealing debate -- -- quote -- "the fact that we are here
spending was the reason that congress and president obama raised the debt ceiling by $2.1 trillion just a year and a half ago. now, in 2006, the junior senator from illinois, senator obama, came to the floor, made a very passionate and thoughtful statement here on the senate floor in opposition to raising the debt limit. many of the reasons that he gave then are relevant today. in fact, they are even more appropriate because the national debt is much, much higher. and we have a fiscal mess....
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Jan 28, 2013
01/13
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downgrades, falling revenues and perpetual increases in mandatory spending. instead, the president is teeing up partisan legislative battles with republicans in hopes of -- but as a measurement of the president's seriousness, his second inaugural address can only be seen as a grand failure that missed yet another historic opportunity to call americans together in the name of shared sacrifice. and richard haass, there is another opportunity, which would be the state of the union which i'm sort of banking on. >> traditionally inaugurals are the poetry, and then the state of the union becomes the prose. and the president did not prepare for educate the american people about some of the tough decisions to come, particularly on medicare and medicaid. so the real question going forward for the state of the union is whether he essentially addresses that. and whether he -- because we've still got more than, i think, more than $2 trillion in serious cuts to be made to entitlements over the next decade. and we've done a lot of the tax. we really can't get there through
downgrades, falling revenues and perpetual increases in mandatory spending. instead, the president is teeing up partisan legislative battles with republicans in hopes of -- but as a measurement of the president's seriousness, his second inaugural address can only be seen as a grand failure that missed yet another historic opportunity to call americans together in the name of shared sacrifice. and richard haass, there is another opportunity, which would be the state of the union which i'm sort...
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Jan 28, 2013
01/13
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, in addition to the tax increases that are comes into play, the obama care tax increase and increase on incomes higher than $400,000 a year in earnings, you know, that's going to create some drag. but, you know, i get a sense, kelly, when we do our own analysis at hamilton play strategies, we think that the u.s. economy will be able to power through that this year, even with the -- even with the drag. so, you know, solid growth, but certainly not matching some of the euphoria that we've seen in the last couple of months. >> it's extraordinary because if you say this is a 1.5% drag which is roughly some of the estimates i've seen lately on this and where gdp is almost in the 2.5% range that would suggest we're somewhere in the growth of 1.4%. you could understand why markets are doing better. but unfortunately the what could have or should have doesn't matter too much. if it's the opposite, it will be are reminder of how growth was in the fourth quarter. >> i think the ee zester and the tax increases will take the top off of growth. i think we would have been looking at a very good ye
, in addition to the tax increases that are comes into play, the obama care tax increase and increase on incomes higher than $400,000 a year in earnings, you know, that's going to create some drag. but, you know, i get a sense, kelly, when we do our own analysis at hamilton play strategies, we think that the u.s. economy will be able to power through that this year, even with the -- even with the drag. so, you know, solid growth, but certainly not matching some of the euphoria that we've seen...
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Jan 28, 2013
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and they don't agree about military spending. they don't agree about what taxation should be, on and on and on. gun control. they don't agree. and on the other hand, you know, we have this sort of slow economy that makes it more difficult to cut a deal. and i should add to that a constitutional crisis, in a way, because this whole debt ceiling has been a weapon that the house of representatives has used to gain power. it's not just the republicans versus the democrats. it's the house versus the president. >> meanwhile, these markets are on fire. another good week for the market. the s&p 500 hitting a new five-year high. what is driving stocks? and do you think it's sustainable for the year? some of the risk has been pulled out of the of the market. so the most recent is three months. some of the ris ks. and maybe just that the election isn't determined. maybe some are happy. some are, some aren't. but it's solved. markets don't like uncertainty. so even though it wasn't very likely the european union would fall apart, even though
and they don't agree about military spending. they don't agree about what taxation should be, on and on and on. gun control. they don't agree. and on the other hand, you know, we have this sort of slow economy that makes it more difficult to cut a deal. and i should add to that a constitutional crisis, in a way, because this whole debt ceiling has been a weapon that the house of representatives has used to gain power. it's not just the republicans versus the democrats. it's the house versus the...
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Jan 27, 2013
01/13
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. >> tomorrow on washington journal we'll talk about president obama's use of executive power. then a look at climate change on legislation and congress. and later a discussion about dop mat i can security worldwide with former interior to algeria ronald knewman. >> we've created a platform that we call digital health feedback system. and the main components of that platform are a sensor you swallow. it sends information to a wearable patch on your torso that collects information about the medicines you swallow and your heart rate and sleep,temperature, a lot of things what we call a panel of fiss logical and it commune indicates with a blue tooth phone you carry and it can help you manage your own health. >> i think we're at an inflection point. we've had all these incrementle amazing changes over the last five years and now we're poised to make great leeps in these complex disease. our understanding of cancer the last five years as dwarfed the last 25 and the next ten years will take us into some amazing advances. >> technology mont night on the communicate tors at 8:00 easte
. >> tomorrow on washington journal we'll talk about president obama's use of executive power. then a look at climate change on legislation and congress. and later a discussion about dop mat i can security worldwide with former interior to algeria ronald knewman. >> we've created a platform that we call digital health feedback system. and the main components of that platform are a sensor you swallow. it sends information to a wearable patch on your torso that collects information...
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Jan 27, 2013
01/13
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those are cuts to military and discretionary spending. paul ryan says don't expect a last minute deal or any deal at all. >> i think the sequester is going to happen because that $1.2 trillion in spending cuts we can't lose those. >> joining me now lynn sweet and david who covers the white house for the washington post. good sunday to both of you. let's start with the claim from paul ryan. $1.2 trillion in cuts said to take effect march 1. paul ryan indicating this time there will be no 11th hour deal. >> it is just a bargain position and it is not going to necessarily unfold that way. there are no absolute right now. it is early in yet another chapter of the on going rangles we have been having. so i would put no more into it. it is a prediction and i don't think either side has anything to gain. remember the virginia economy, a lot of places very dependent on defense and other industries, neither side will look good if they cannot make an agreement. it is a prediction but one that i don't necessarily think will be true. >> david cuts wo
those are cuts to military and discretionary spending. paul ryan says don't expect a last minute deal or any deal at all. >> i think the sequester is going to happen because that $1.2 trillion in spending cuts we can't lose those. >> joining me now lynn sweet and david who covers the white house for the washington post. good sunday to both of you. let's start with the claim from paul ryan. $1.2 trillion in cuts said to take effect march 1. paul ryan indicating this time there will...
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Jan 27, 2013
01/13
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obama has also said investing as a synonym for spending. investing has to be investing. >> if we can't get behind a no-brainer like this, a public/private infrastructure bank, we have a real problem. this is leveraging, private capital, should be a no-brainer and it's ridiculous that it's contentious where the rubber meets the road. >> a no-brainer no matter what side you're on. christy thanks you so much. margaret and john, stop playing footsie. one man, two skis, multiple falls. richard quest is fresh off the bunny slope. he joins me next to discuss all things davos. ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ >>> all right. richard quest joins me now. he is the host of "quest means business" on cnn international. a perennial all-st
obama has also said investing as a synonym for spending. investing has to be investing. >> if we can't get behind a no-brainer like this, a public/private infrastructure bank, we have a real problem. this is leveraging, private capital, should be a no-brainer and it's ridiculous that it's contentious where the rubber meets the road. >> a no-brainer no matter what side you're on. christy thanks you so much. margaret and john, stop playing footsie. one man, two skis, multiple falls....
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Jan 27, 2013
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they have been wanting to cut defense spending for a long time. i think this is explained in a clear way. >> what is your must read? >> mine is the interview with president obama. there are a few topics. i was focused on the president's comment that gun safety advocates should listen more to the concerns of responsible gun owners if they are going to get anything done. it is totally doable. most gun owners support common sense regulations to keep guns out of the hands of people who shouldn't have them. this would be a smart way to move forward and get something done. >> such a common sense thing that we can take it up on so many topics and we sat down and listened and respected the person on the other side of the argument. president talked a little bit about skeet shooting. interesting read. you tell me. >> back in 2004 president bush won reelection and it was how brilliant the campaign was and how the democrats said never again will we be defeated. we must emulate president bush's campaign. there was a story about how republicans are saying we ne
they have been wanting to cut defense spending for a long time. i think this is explained in a clear way. >> what is your must read? >> mine is the interview with president obama. there are a few topics. i was focused on the president's comment that gun safety advocates should listen more to the concerns of responsible gun owners if they are going to get anything done. it is totally doable. most gun owners support common sense regulations to keep guns out of the hands of people who...
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Jan 27, 2013
01/13
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obama has instituted and the growth rate of this country, even if we do not spend another dime over what we spend currently, it will take 128 years to resolve those trillions and trillions of dollars that we know. i have graduate students that could not tell you what $1 trillion is. what makes you think politicians can? >> stay with us for a moment. i want to read you a headline from where our last guest was from. with the national economy ticking up, states are poised to finally rebound from the recession lingering revenue crunch. continued budget delays may dampen those prospects. for all the talk about the fiscal cliff, states already know what a free fall in revenue feels like. tell us about what you think kentucky is facing. you talk about the debt and the deficit, but how these federal issues affect your state? >> politicians tend to use political mouth. they use of false of bass lines and artificial parameters in which they said the equations. the congressional budget office is a political institution designed by politicians to protect politicians. it does not use genuine mass. th
obama has instituted and the growth rate of this country, even if we do not spend another dime over what we spend currently, it will take 128 years to resolve those trillions and trillions of dollars that we know. i have graduate students that could not tell you what $1 trillion is. what makes you think politicians can? >> stay with us for a moment. i want to read you a headline from where our last guest was from. with the national economy ticking up, states are poised to finally rebound...
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Jan 26, 2013
01/13
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CNN
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obama has also said investing as a synonym for spending. investing has to be investing. >> if we can't get behind a no-brainer like this, a public/private infrastructure bank, we have a real problem. this is leveraging, private capit capital, should be a no-brainer and it's ridiculous that it's continue tended where the rubber meets the road. >> a no-brainer no matter what side you're on. christy thanks you so much. margaret and john, stop playing footsie. one man, two skis, multiple falls. richard quest is fresh off the bunny slope. ♪ my friends are al ♪ my friends, they do surround me ♪ ♪ i hope this never ends ♪ and we'll be the best of friends ♪ ♪ all set? all set. [ male announcer ] introducing the reimagined 2013 chevrolet traverse, with spacious seating for up to eight. imagine that. >>> all right. richard quest joins me now. he is the host of "quest means business" on cnn international. a perennial all-star in davos. richard, give our viewers a look at what this place, davos, and the world economic forum is really like
obama has also said investing as a synonym for spending. investing has to be investing. >> if we can't get behind a no-brainer like this, a public/private infrastructure bank, we have a real problem. this is leveraging, private capit capital, should be a no-brainer and it's ridiculous that it's continue tended where the rubber meets the road. >> a no-brainer no matter what side you're on. christy thanks you so much. margaret and john, stop playing footsie. one man, two skis,...